It's all about the banks - again - end of day close 4:15 PM

We made it through another week. Whew! Fast and furious is was. The final numbers for today: Dow - 8574.65 - +164.80 - 1.96% S&P - 929.21 - +21.82 - 2.40% Nasdaq - 1739.00 +22.76 - 1.33% Notables: The BKX ($BKX)Bank index was up 12.20% TODAY - 30% for the week. Symbol Price % Chg FITB 8.49 58.99 GS 139.59 4.38 JPM 38.94 10.5 LNC 18.24 14.72 WFC 28.18 13.81 TREE 11.34 3.09 USB 20.54 5.01 BAC 14.17 4.89 MS 28.2 3.91 STT 43.75 15.65 STI 20.77 12.15 GS 139.59 4.38 AIG 2.01 3.08 C 4.02 5.51 FIG 6.95 22.14 By sector: Best week for crude (up)in quite some time. Closed at $58.65 **** I'll have earning reports for Monday posted before the weekend is over and a calendar of events as well. I'm tired, and ready to drink a beer or two. But we have two more things to cover unless some breaking news happens. In case you haven't been paying attention, today is FDIC Friday. That's because the sneaky little ****** like to close banks on Friday night or Saturday when we are busy drinking beer. I will report as soon as I see them. Over/under is 3. Place your bets. **** NEWSFLASH (as I type this) Nouriel Roubini is on Closing Bell with Maria - Dear God the world is ending! I didn't think they would let Dr. Doom anywhere near the cheerleading channel. He has already stated the "stress test" was not stressful enough. No ****! Atta boy Nouriel. He said the next few months macro news will proven to be difficult for the market and the banks. Possible 1.6 billion to be needed yet. Really!!!! House prices to fall another 20 percent. Europe is weaker. I can't keep up, and maybe they will have a video that I can link to later. If I can find the video (here), or if you watch it, watch Roubini while the guy on the other side of the debate (a bull, bottom is in guy)tells Maria the housing mess is not what Roubini says. Priceless. My money will be on Roubini. Update 5:21 - Link to video above. ***** NEWS ALERT: Obama accepts resignation of official who authorized NYC flyover. ***** One last thing before I sign off for the day. The daily crock of **** CNBC cheerleading grade. Today = B- Kind of low maybe. They pumped this puppy all day, but let a few things slide through the cracks. They let Santelli speak one too many times and he told the truth, although it was quick, and he was a little tactful. They actually let Roubini on for the first time since I can't remember. That alone dropped them from an A to a B, Santelli for the B to B-. Not considered in the grade, but the guy who took over for Dylan during the Closing Bell said "It's all about the banks." Yep, sure is. I didn't take it the way he meant it, but he was right. He just didn't know how right he is. Disclaimer - I muted Kudlow and had lunch during the unbearable hour of 11 to 12. Happy Trading